Form 4 for BLKB BLACKBAUD INC
Accepted 2025-02-25 00:00:00 ET · period of report 2025-02-21 · accession 0001578563-25-000133 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2025-02-25 | 2025-02-21+ | BLKB | Olson Jon W | SVP, GC | A - Grant | $0.00 | +8,148 | 38.0K | +27% | $0 |
| M | 2025-02-25 | 2025-02-24 | BLKB | Olson Jon W | SVP, GC | F - Tax | $68.24 | -2,897 | 40.0K | -7% | -$197.7K |
| 2025-02-25 | 2025-02-24 | BLKB | Olson Jon W | SVP, GC | S - Sale | $68.51 | -3,700 | 35.3K | -9% | -$253.5K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-02-21 | A | A | 1,448 | $0.00 | 39,428 | D | — | — | (F2) The Compensation Committee determined that a portion of PRSUs granted on February 21, 2024 would vest in full on February 21, 2025 based on the Issuer achieving performance goals for the period ended December 31, 2024, subject to continued employment. The remaining PRSUs granted in 2024 will vest dependent on the achievement of performance goals for the periods ended December 31, 2025 and 2026, subject to continued employment. |
| 2 | Common | Common Stock | 2025-02-24 | F | D | 429 | $68.24 | 41,489 | D | — | — | (F4) Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of separate PRSUs granted February 21, 2024. |
| 3 | Common | Common Stock | 2025-02-24 | F | D | 443 | $68.24 | 41,046 | D | — | — | (F4) Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of separate PRSUs granted February 21, 2024. |
| 4 | Common | Common Stock | 2025-02-22 | A | A | 2,490 | $0.00 | 41,918 | D | — | — | (F3) Represents PRSUs granted on February 22, 2024 that vested in full on February 22, 2025. |
| 5 | Common | Common Stock | 2025-02-21 | A | A | 4,210 | $0.00 | 37,980 | D | — | — | (F1) The Compensation Committee determined that performance restricted stock units ("PRSUs") granted on February 21, 2024 would vest in three equal annual installments beginning on February 21, 2025, based on the Issuer achieving performance goals for the period ended December 31, 2024. |
| 6 | Common | Common Stock | 2025-02-24 | S | D | 3,700 | $68.51 | 35,321 | D | — | — | (F7) This transaction was executed in multiple trades at prices ranging from $68.50 to $68.61. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected. |
| 7 | Common | Common Stock | 2025-02-24 | F | D | 939 | $68.24 | 39,021 | D | — | — | (F6) Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 21, 2024. |
| 8 | Common | Common Stock | 2025-02-24 | F | D | 1,086 | $68.24 | 39,960 | D | — | — | (F5) Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of PRSUs granted February 22, 2024. |